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Author Topic: MECATOX Exchange.  (Read 459 times)
Awaknow (OP)
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July 04, 2018, 04:23:11 PM
 #1

For my friends who already use mercatox exchange may already know where the advantages and disadvantages of this mercatox exchange,, Please give a little explanation about mercatox exchange, how do you respond about mercatox exchange ... ??
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Gaggy185
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July 04, 2018, 04:32:42 PM
 #2

I've not used Mercatox exchange for a long time but for me it's still fine if you trade on Mercatox but don't trade ETH on Mercatox cause at the time when I traded on Mercatox, it was impossible to withdraw ETH on Mercatox. Deposit and Withdraw on Mercatox work very quickly. If you cryptocurrency is listed on this exchange it's still fine to use this exchange but I suggest that you should use other better exchanges like Binance, Bittrex which have much higher trading volume than Mercatox if it's no needed Smiley

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georgereyes
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July 04, 2018, 05:32:08 PM
 #3

There are way better exchanges out there than that one.
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July 04, 2018, 05:33:49 PM
 #4

I've faced exactly the opposite Gaggy185 posted in last few weeks ;-) Depositing takes forever (speaking in days, not hours). I've contacted the support which told me that they have to confirm every deposit manually which looks very suspecious to me.
Additionally, the chat box at Mercatox is full of trolls and dump&pumpers. Don't listen to what they say or you may lose a lot of money!

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Gaaara
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July 04, 2018, 06:03:14 PM
 #5

There are way better exchanges out there than that one.

Actually mercatox is new exchange and doesn't have their name to be known by most traders but mercatox has a good potential even though they're new exchange the volume is quite high. I have tried trading in it and it was 3 months ago the overall I can give a 6/10 but that was when their volume is lower but now I can say that with more people to support this exchange it can go head to head with famous exchanges.



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July 04, 2018, 06:54:03 PM
 #6

For my friends who already use mercatox exchange may already know where the advantages and disadvantages of this mercatox exchange,, Please give a little explanation about mercatox exchange, how do you respond about mercatox exchange ... ??

Mercatox never claimed to offer big services like Bitfinex but it is a small decent exchange one can use. The main issue I have with the exchange is the poor interface, the team need to improve it, also most of the new coins on it dumped significantly after one or two weeks after listing because of low trading volume on it

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ukloon
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July 04, 2018, 10:27:50 PM
 #7

It's a good as any other mid-level exchange. I would put it on par with cryptopia in terms of coin selection, usability, and trade volume. It's a trusted exchange so worth signing up for, but more as an extra on the side in addition to ones like binance.

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July 05, 2018, 02:14:34 AM
 #8

Advantage: Mercatox gives you free coins (sometimes) and some altcoins needs a voting for listing on mercatox if you vote a coin there they also give you rewards for voting.

Disadvantage: hard to navigate and less volume than other big exchanges.

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July 05, 2018, 03:02:37 AM
 #9

It's a good as any other mid-level exchange. I would put it on par with cryptopia in terms of coin selection, usability, and trade volume. It's a trusted exchange so worth signing up for, but more as an extra on the side in addition to ones like binance.
MECATOX is a well-known exchange that has been around for quite some time and has built a very good foundation for investors. Personally I think this exchange has very good security and can choose the appropriate fee when withdrawing money but the important transaction volume of MECATOX is still very low and I hope this year they will list add big coins to increase trading volume
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July 05, 2018, 03:11:07 AM
 #10

I've faced exactly the opposite Gaggy185 posted in last few weeks ;-) Depositing takes forever (speaking in days, not hours). I've contacted the support which told me that they have to confirm every deposit manually which looks very suspecious to me.
Additionally, the chat box at Mercatox is full of trolls and dump&pumpers. Don't listen to what they say or you may lose a lot of money!
I don't know how it work at the moment cause as I said that I've not used Mercatox for months and when I used it everything was fine and very quickly for me. I just need to wait about 1 minute to see my BTC deposit available on my Mercatox wallet. Not only in Mercatox chat box, all other exchanges which have chat box are also full of shit and troll Smiley

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July 05, 2018, 03:14:05 AM
 #11


Each exchange has advantages and disadvantages of each.
but for mercatox excess is deposit and withdraw quickly. (In my opinion)
its shortcomings. site access is rather heavy. and frequent maintenance. response from support is too long.
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July 05, 2018, 03:16:50 AM
 #12

For my friends who already use mercatox exchange may already know where the advantages and disadvantages of this mercatox exchange,, Please give a little explanation about mercatox exchange, how do you respond about mercatox exchange ... ??
In my experience i have never get any problem by using it and the only problem is it was having a little volume that makes everyone will be so difficult to liquidate their funds. I feel so bad when i need to liquidate my amount as fast as possible due to the low trade volume on mercatox and that's the only problem.

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July 05, 2018, 03:25:14 AM
 #13

Haven't used mercatox, but if you already use it or will use it, i would suggest you to avoid it because that exchange has lot of problems.
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July 05, 2018, 09:13:12 AM
 #14

I remember the time they just started. At that time, they were not necessary to anyone in principle, as now. I think that such exchanges are best avoided.
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July 05, 2018, 09:31:39 AM
 #15



Last year, I sold some of my tokens in Mercatox with no hassle at all...and I immediately got my Bitcoin into my official wallet outside of Mercatox. I am not saying that Mercatox is one of the best but what am sure is that this can be better than those shit exchanges. I think Mercatox has lesser complaints compared to maybe HitBTC. This Mercatox has still a big room for improvement and I am sure that they are trying their best to be the best on what they are doing. Now, am just hoping that above all else they are investing on their own data security and fortification because one a medium-sized exchange can be hacked people can turn soured on them. Asked to rate Mercatox, I am giving it 6.75 out of 10.
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July 05, 2018, 01:40:06 PM
 #16



Last year, I sold some of my tokens in Mercatox with no hassle at all...and I immediately got my Bitcoin into my official wallet outside of Mercatox. I am not saying that Mercatox is one of the best but what am sure is that this can be better than those shit exchanges. I think Mercatox has lesser complaints compared to maybe HitBTC. This Mercatox has still a big room for improvement and I am sure that they are trying their best to be the best on what they are doing. Now, am just hoping that above all else they are investing on their own data security and fortification because one a medium-sized exchange can be hacked people can turn soured on them. Asked to rate Mercatox, I am giving it 6.75 out of 10.
Yep, it's right. Mercatox is not the best crypto exchange at the moment but I think if we have to choose to trade on Mercatox or Yobit/ETD/COSS , I think Mercatox is still the best choice Smiley. Of course not only Mercatox has bad reports in this forum but for me, everything is still fine until now Smiley. But if anyone don't have to trade on Mercatox, I also think they should choose another better one Smiley

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cutehoof
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July 06, 2018, 12:31:15 AM
 #17

 I used mercatox and the only time it was sketchy was when I couldn't get my XRB out. Fixed itself after a while, apparently their withdraw issues were a technical problem that they worked out with the developer of RaiBlocks and since then it's been working well, is worth using for coins exclusive to merc. Does look shady af tho, not very clean UI.

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July 06, 2018, 01:12:18 AM
 #18

binance is better than mecatox, and i think hitbtc is more user friendly than mecatox, but some coin only exchange in mecatox, thats why we should trading there..
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July 06, 2018, 02:39:43 AM
 #19

binance is better than mecatox, and i think hitbtc is more user friendly than mecatox, but some coin only exchange in mecatox, thats why we should trading there..
Are you serious to compare shitty exchange site that has built by the incompetence developer just like waves platform without any big progress on its developer? Binance is the major or it can be considered as the number one exchange site in the world. It's not comparable with shitty exchange site just like mercatox with so many complaints.

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July 06, 2018, 02:43:32 AM
 #20

from the start of the new mercatox project created until now I think the transaction volume is still very small, even kalan with newly created project exchange

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